MARLTON, N.J. and SANTA FE, Mexico, June 3, 2013 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received a contract from ACCIONA Parques Reforma Inmobiliaria, a development company of ACCIONA Inmobiliaria, to provide project and construction management services in connection with the Julián Adame residential development in Santa Fe, Mexico. The three-year contract has an estimated value to Hill of approximately $2.0 million.
The $100 million development will feature the construction of six residential towers, underground parking, common areas and related facilities. Hill will be providing project management services for the first tower and the common areas with the possibility of an extension for the other five towers. Each 20-story tower will include 480 apartments and have a total of 80,000 square meters (860,000 square feet) of built-up space.
"This contract represents Hill's second major residential development in Mexico this year," said Jose Manuel Albaladejo Canedo-Arguelles, Vice President in charge of Hill's project management operations in Latin America. "It reaffirms the fact that Mexico offers tremendous growth potential for Hill," added Albaladejo.
Hill International, with 3,800 professionals in 100 offices worldwide, provides program management, project management, construction management and construction claims and consulting services. Engineering News-Record magazine recently ranked Hill as the 8th largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
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Source:Hill International, Inc.